State of Illinois

A court decision on Illinois Medicaid bill payments could come on the last day of a special session.

Illinois House Democrats laid out a $36.5 billion fiscal 2018 spending plan.

Lawyers for Medicaid recipients will ask a judge to order Illinois to pay nearly $1.1 billion more a month.

Illinois house leaders continued to negotiate on budget and policy issues with the clock ticking.

The Prarie State faces the possible loss of at least one of its investment grade ratings if it doesn't resolve its budget crisis.

Debt service on Illinois bonds “will not be delayed or diminished,” the comptroller said.

A special session of the Illinois General Assembly will begin June 21.

Illinois House and Senate Republicans laid out a formal budget and reform package.

Illinois’ swap providers agreed to lower termination triggers, the governor's office said.

Only two of Illinois' nine public universities retain a Moody's investment-grade rating after new downgrades.

Chicago’s chief financial officer says bankruptcy isn’t on the table for Chicago Public Schools.

Municipal market buyers aren't waiting for the rating agencies -- they're already trading Illinois paper at junk bond levels.

A judge's ruling put more pressure on Illinois by supporting Medicaid providers.

The University of Illinois and Illinois State University were downgraded by S&P Global Ratings.

Barclays is bolstering its Chicago team with three banking additions at the expense of Bank of America Merrill Lynch.

Illinois asked a judge to put off the effective date of a possible court order elevating Medicaid over other payment obligations.

Two Illinois community colleges were downgraded by Moody’s because of the state's budget woes.

Illinois spreads widened as investor confidence waned that the state can resolve its budget deadlock.

Municipal bonds turned stronger with U.S. Treasuries on a mixed employment report for May.

Illinois received two downgrades Thursday, bringing it closer to a junk bond rating.